2009-11-09 21:05:02 -
Resource Nationalization Will Hamper Oil and Gas Industry Growth in Resource Rich South America - a new market research report on companiesandmarkets.com www.companiesandmarkets.com/Summary-Market-Report/resource-natio ..
Resource Nationalization Will Hamper Oil and Gas Industry Growth in Resource Rich South America
Summary
South America is witnessing challenges to its oil and gas industry growth due to resource nationalization policies in major resource rich countries. Stringent, yet uncertain fiscal regulations and over protection of their hydrocarbon resources have made countries like Venezuela and Bolivia unattractive investment destinations. However, huge oil
and gas reserves along massive offshore discoveries still make the region as an attractive investment destination for global oil and gas companies.
Scope
- GlobalData viewpoints cover the latest events or important trends in the global oil and gas industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalDatas views of various developments that have been taking place in the oil and gas industry across the world.
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